Skip to end of metadata
Go to start of metadata

Products

Comb Comm:  Combined Commodity

The set of all eligible products used to generate a total requirement for each Exchange Complex within a portfolio.  A Combined Commodity generally consists of all products of the same underlying physical. For example, at the CME, the Eurodollar combined commodity encompasses Mid-Curve options, Eurodollars and Eurodollar options. 

Exch:  Exchange

An individual Exchange.  Each Exchange Complex may have more than one Exchanges product groupings under its umbrella.  Each individual Exchange will have its own product grouping.

Type: 

Identifies the product.  Futures are Fut, options on futures are FutOpt, etc.

ID:  

Span assigns an internal product ID number to each product within a family 

Code: 

The code for each Combined Commodity.  For example, SP is the code for the family of products with the underlying physical S&P 500 index.

Name:

The name of the product

Curr:

The margin currency of the product

Cntr Val Factor:

The multiple needed to multiply the contract price by to obtain the value of a contract.

Price Dec Loc:

This number determines where the decimal should be located in each incoming product price

Price Format Code:

This code is uses for products that trade in fractions, and defines the fraction for the particular product, like the 30 Year Treasury Bonds which trade in factions of 1/32

Val Meth:

Displays the valuation style of a product (FUT or EQTY).  For equity style products a premium is paid at the initiation of the contract.  Futures style products are marked to the market.

Price Meth:

The Price Method shows how a contract price is quoted.

  • IDX - price is an index price with no underlying
  • STD  - standard is quoted as the price of the underlying product (for example pork belly futures - PB - are quoted cents per pound)
  • INT - price as a discount from 100 (for an interest rate index like the Eurodollar)
  • PCT - price as a percentage of nominal value ( for bonds with a discount under or premium over parity)
  • YLD - price as a yield (debt securities and bonds)

Setl Meth:

Displays the settlement method by Cash or Delivery

Strike Curr:

The currency in which the strike is denominated

Strike Dec Loc:

This number determines where the decimal should be located in each product's strike price

Strike Format Code:

This code displays how strikes should be formatted for those products that trade in fractions

Cab:

The cabinet value of an option.   Cabinet trades allow for the liquidation of deep out-of-the-money options by trading the option at a price less than the minimum tick value.

  • No labels